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Power Purchase Agreement

Azure Power Secures 160 MW Solar Project in UP Auction with Highest Tariff

The project is expected to be commissioned in 2019 and developed outside a solar park. Independent solar power producer, Azure Power has won the 160 MW solar power project in Uttar Pradesh at the highest tariff in a recent auction conducted by the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). Further, the company will sign […]

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Tata Power to Develop 250 MW Solar Projects at Pavagada Solar Park

These projects will be set up at the Pavagada Solar Park in Karnataka and the energy will be supplied to the State Discoms under a 25-year Power Purchase Agreements (PPA). Power major Tata Power’s renewable arm, Tata Power Renewable Energy Ltd (TPREL), has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) […]

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Azure Power Bags 600 MW Solar Power Project in SECI Auction

Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […]

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Parrikar Held Meeting with Goa Power Dept. Over Solar Policy Implementation

For the generation of grid-connected solar power a power purchase agreement has to be signed between consumers and the electricity department. In order to streamline the implementations of a solar policy in Goa, Chief Minister Manohar Parrikar held a meeting with officials of the electricity department and Goa Energy Development Agency (GEDA). Manohar Parrikar was instrumental in […]

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Tata Power Renewable Energy Commissions 100 MW Solar Project in AP

We plan to add around 1,000 Mw renewable energy capacity to our portfolio every year, scaling it to 45-50 percent in the next five years, largely through organic growth India’s largest power integration company, Tata Power Renewable Energy Ltd (TPREL) announced it has commissioned a 100 MW solar power plant at Anthapuramu Solar Park in […]

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Solar-Wind Hybrid Power Policy Announced for Gujarat

The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […]

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Govt. Extends Deadline for Completion of Solar Power Projects

Earlier, the deadline for commissioning projects was 15 months with a relaxation of one year for land acquisition delays. The solar power projects that have been bid out under the tariff-based reverse auctions are given extension in their deadlines by the Ministry of Power. The relaxations have been offered under the amendment to the guidelines […]

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Enphase to Buy SunPower’s Microinverter Business

According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution.   After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […]

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Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns

The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […]

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